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. and that's later. and next, egypt's new president makes a power play. [ male announcer ] introducing... a new way to save on your prescriptions. it's the aarp medicarerx saver plus plan from unitedhealthcare. with this plan, you can get copays as low as a dollar through a preferred network pharmacy like walgreens -- where you'll find 8,000 convenient locations. best of all, this plan has the lowest part d premium in the united states -- only $15 a month. open enrollment ends december 7th. so call today or visit your local walgreens. >> an eye for an eye, taliban style tops world headlines tonight. a suicide bomber detonated a truck full of explosives today in eastern afghanistan. three afghan civilians were killed and more than 90 people wounded. the taliban says it was retaliation for the recent execution of detainees. pakistan is suspending cell phone service m most parts of the country this weekend to prevent attacks of shiite muslims during a religious observance and militants often used phones for detonate bombs and killed more than a dozen people this week. what some are calli
and then talks will begin on the essentials needed for lasting peace. and that egypt will be playing a new and central role in the process. right now, though, both the netanyahu government and hamas are claiming victory. >> after eight days of israeli raids, the main market in gaza is returning to business as usual. many palestinians see the ceasefire as a victory for how moscow. >> the resistance has changed the rules of the game, disrupting israel's military goals. i say to the palestinian people in gaza, the west bank, and everywhere, and the entire arab world, the idea of invading does that is over and will never again return, god willing. >> but israeli prime minister netanyahu also speaks of a victory. he says all israeli military and political goals have been achieved. >> we have achieved a number of great successes and struck at the heart of hamas. we have killed their leaders and destroyed thousands of rockets threatening israel. we will react with force again if the cease-fire is broken. ben netanyahu needs military successes, but israelis remain skeptical. >> today, may be they
that the famous tank commander along with a bunch of panthers and effectively drove the british back into egypt. now when the summer rolls around things quiet down and it's terribly hot and they would seize the two sides to begin, and then in the fall of 1941 there was again advanced by the british into libya in hopes of driving back the forces he turned around and pushed the british back again and all the way this time sort of disastrously all the way deep into egypt, deeper than they had ever been before. so, when the american soldiers arrived, the allies i should say and the axis forces were dug in and testing each other in a place which was about 60 miles west of alexandria close enough to alexandria which was the british naval center in egypt close enough to cairo to be really extremely dangerous and i think frightening to all the allies on the suez canal or the middle eastern oil fields and just as they are now, there were critical to the british war effort so it was a tense moment and important and on september september 3rd they steamed up the red sea, unloaded and went off to the train
alert. more trouble in the middle east. this is in cairo, egypt. you can see the teargas wafting through the streets as protestors take to tahrir square and other places to protest against that country's new president, mohammed morsi. he has just assigned himself sweeping new powers. this comes after he helped broker that peace between -- that cease-fire between hamas and israel. perhaps thinking that he is suddenly a leader on the world stage he decided to announce that all of the decisions he has made since assuming office in january cannot be challenged by the egyptian courts. as you can see a number of especially young people in egypt none too pleased about this. they have been protesting in cairo and alexandria and other places. morsi of course an islamist, a member of the muslim brotherhood, the ideological ally of hamas. it is yet to be seen what the response will be from the obama administration to these new powers that he has awarded himself. he has also ordered a new trial for his predecessor hosni mubarak. we will continue to watch the troubles developing inee lit up and the p
you some pictures out of cairo, egypt. you may have seen there was a power grab a bite that guy, a head of the muslim brotherhood the egypt. he just recently declared himself the ayatollah of egypt and a lot of egyptian and not happy about that. this guy essentially put himself and his government above the judiciary. when you don't have a free judiciary you have a dictatorship. a lot of people said that is where the muslim brotherhood wanted to go and a lot of people in egypt particularly protesters to the right of your screen think that is where egypt is going. we will follow the story all day. let's check shares of apple as the market opens. apple shares are down. no, they're up $4. apple has been trading down, the low it has been about 530. of high was 700, when it then dropped 20% so apple is trading up $5, that is a nice little hop of 1% and it looks like it is continuing to rise, seeing real competition from a lot of other imitations. some would say straight competition for the iphone. also those tablets have really given a hit to apple over the past couple months. we don'
, not necessarily. you will see and hear from people that would make the argument that egypt's stability in having tranquil domestic stability inside egypt is paramount for egypt to play the role that it can play in the region. when we saw in the past week egypt rise to the forefront of mediating between israel and the palestinian factions, it was because egypt at that particular point was not -- president morrissey's hand to put leverage on them. it's a political organization from which mohammed morsi comes from. stability will have long term and regional implications for all of the issues. but in terms of immediate truce, right now it is about what's happening on the ground be in gaza and right now that is not necessarily directly linked. >> all right, everyone. we were listening there to nbc's ayman and we're taking satellite hits. this conflict is raising a question concerning security in the middle east. the role iran played with arming hamas and its own stand offwith israel. joining me is dennis ross of the washington institute for institutional policy. dennis, welcome. let's talk about the
. in egypt it is turning violent. thousands are taking to the streets to protest their new president. we like in cairo. >> super storm sandy didn't just damage thousands of homes but also making a lot of people sick. that is all ahead unless breaking news changes everything. this is "studio b." first from 3:00, black friday bargain hunters are out in force today. don't get in the middle of that crowd, an estimated 11,000 bargain hunters coming into macy's flag ship store the iconic department store opening at midnight but some stores 07ing at 8:00 p.m. thanksgiving night with walmart and toys 'r us and sears sears and many tart locations opened at 9:00 p.m. to get a leg up on the competition. despite criticism that the early start would keep workers from spending thanksgiving with their families. it remains to be seen if the early openings pay off. economists watching it closely considering the consumer spending accounts for 70 percent of the u.s. economy. james has the latest on the planned walmart workers strike but, first, live from chicago. steve, hour the so-called brick and mortar store
thing in egypt. mubarak left, the pakistani egypt are different stories. the military both countries controls upwards of 40% of the country directly and the rest is a small group of elites. so that is what is the lack of big trees falling in creating the new. that gets back to your gm question. you need to have capabilities to repurpose what is released with something dies. when something old false. but there has not been enough of that in a place like pakistan or in egypt. china and egypt is a totally different sorry. >> host: philip auerswald come what do teacher at george mason? >> guest: i teach economics and social lunch premiership. i would just use regular entrepreneurship. i'm a believer in lunch premiership is a transformative force in society. social entrepreneurship of coors is about thinking how to address public challenges in miniature for new rail manner, potentially envision new ventures, new pathways to make the most of that. so a lot of folks in this book you may save our social lunch burners. it's a great teaching here. i love this environment. i've got a colleague,
with deep divisions between member states. >> violent protests across egypt a day after president morsi assumes new sweeping powers. >> what is at stake in the battle for control of congress? we have a full report. the eu summit has ended without any agreement on the union's next seven-year budget, but top officials in brussels say they are confident a deal will be reached early next year. >> hours of talks failed to bridge big gaps between richer countries and those that rely most on eu funding. be contributors like britain, the netherlands, and sweden want spending bold back across the board -- rolled back across the board. >> european leaders were skeptical going into negotiations, so it was no surprise when ministers called off talks without a working budget. >> everyone brought their own goals to the table, and you know germany's position, but we are still focused on working toward a budget everyone can agree to. >> that means winning over england. prime minister david cameron has promised to veto any deal that fails to cut spending, and he has found a supporter in the dutch leader
room" starts now. >>> happening now, police fire tear gas as demonstrations in egypt turn violent. angry protesters accuse egypt's president of betraying the revolution. and in the word of one critic, making himself a pharoah. what happened before and after u.s. navy s.e.a.l.s. did in the moments before killing osama bin laden. >>> wolf blitzer's off today. i'm joe johns. you're in "the situation room." >>> we begin with today's astonishing show of fury in egypt. within the past hour egyptian authorities tear gassed protesters in cairo's tahrir square. angry demonstrators packed the square today denouncing egyptian president mohamed morsi as a dictator and accusing him of a power grab. cnn's reza sayah is in cairo. reza, what's it look like now? >> reporter: joe, it is 11:00 p.m. cairo time. these demonstrators started gathering around in tahrir square about 1:00 p.m. local time. that means they've been going strong for about ten hours. many thought maybe egyptians were worn out, tired of demonstrating after the 2011 revolution, but if you look at tahrir square today, if you look
erupting in egypt after president muhammad morsi grants himself new and far-reaching powers. live pictures as the president speaking right now. that's muhammad morsi, as hundreds of egyptians are protesting in tahrir square today. morsi's opponents clashing with supporters in cities all over egypt. we're now hearing protesters storming the office of the muslim brotherhood and throwing out books and chairs and other things onto the streets. steve harrigan streaming live from cairo with the latest. hi, steve. >> reporter: gregg, behind me we're seeing the start of violence at this major demonstration in cairo. you see crowds off to my right, the tens of thousands who have gathered here beginning to run. we've seen tear gas fired as well as molotov cocktails. this big crowd here today, the biggest we've seen in some time, is really in reaction to what the new egyptian president did yesterday, muhammad morsi issuing some stunning information, first, that any decree he issues will be legal and that any declaration he issues is final and cannot be appealed by anyone, including the courts. the ne
in tahrir square-- familiar scenes in egypt nearly two years ago that led to the fall of longtime leader hosni mubark. but today, they were aimed at egypt's new leader. in the coastal city of alexandria, opponents set fire to the offices of president mohammed morsi's political party, the muslim brotherhood. there and elsewhere in egypt today, the president's critics and supporters clashed in the streets over his decree yesterday exempting himself from judicial review, and giving him authority to take steps against "threats to the revolution." morsi, egypt's first freely elected president, took office in june. in recent days, he'd garnered worldwide praise for mediating a cease-fire between israel and hamas. today, he told a supportive crowd outside the presidential palace in cairo that granting himself sweeping powers was necessary to prevent figures from the old regime from halting progress. >> ( translated ): i haven't taken a decision to use it against anyone-- to go against anyone is something that i could never be associated with-- or announcing that i am biased towards anyone. howe
grab by egypt's president has thousands of people protesting in the streets of cairo. latest on what is happening in egypt after the break. >> it is easy to be a liberal when you have a million dollars in the bank. he doesn't need a union for rich people. if he feels that way and warren buffett and these guys feel that way get your checkbook and show us what occurs. stuart: to fire about patriotic millionaires, a lot of people fired about the facebook page. we told you we were going into triple digits. the dow is up 100 points and there is light volume today. big money people can move the market and apparently, let's go to robert gray. robert: the tech outpacing the broader market. tech stocks in the s&p down leading the charge and it is down below $9 with a disappointing earnings just a week ago and certainly ramping into the black holiday and shopping for electronic gadgets. michael dell said the windows 8 launch last month, giving consumers a real reason to upgrade in several years. the touch screen technology, convertible and hybrid, basically tablets', laptops at the same time t
. >>> i'm veroniy r n egypt visitors can get a revived glimpse of history. after six years of renovations and the arab spring uprising the tomb of king tut has been reopened. the u.s. ambassador to egypt received a special tour. the events marks 90 years since the tomb was first discovered. egypt is hoping to boost tourism industry. >>> to mexico city a musical trip to the church. mariachis came together to celebrate the feast day of patron saint cecelia. they marched through the streets in jackets and sombreros before a mass and concert. the journey is carried out every year on november 22nd. >>> one south korean park teaches visitors about a different kind of throne. the park is now home to what is said to be the world's first toilet culture park. statues and educational displays teach visitors the history of toilets and raises awareness about sanitation. the park even has additional exhibits inside of a toilet-shaped building. not every day you see that. >> someone had a little too much time on their hands and money and engineering skills. >>> you don't even know what to say. >> school
situations in the middle east. angry protests against an apparent power grab in egypt while there are new concerns about a break in the israeli gaza cease fire. meanwhile, back here after the holiday weekend ends, the fiscal cliff negotiations will heat up. now the speaker of the house has thrown a new problem into the talks, can a deal actually be reached? >>> shoppers looking for their own kind of grand bargain today. we're going to look at the black friday crush at shopping malls and super stores all over this country. but we start this hour with breaking news in egypt. you're looking at live pictures of tahrir square in cairo after the new egyptian president morsi gave himself sweeping new powers today. tahrir square also the heart of last year's uprising. demonstrators filled the streets of alexandria later today. morsi's new powers put his own decisions above all legal challenges until a new egyptian parliament is elected. despite the protests, morsi moving ahead with his plans at the same time insisting that his new powers are for the good ofu issued a statement moments ago saying
but so far it's still holding. a top leader of egypt's muslim brotherhood is calling for a holy war. he urged muslims to back the palestinians. his statement contradicts morsi's who helped broker that cease-fire. susan mcginnis is in washington with the latest this morning. good morning. >> reporter: talking about jihad being obligatory for muslims, an example of the conflicting messages that regularly come out of the brotherhood but for now the 24 hour cooling off period has passed and this uneasy peace is holding. two border crossings between gaza and egypt are open again. palestinians forced to remain in gaza when the fighting broke out can return to jobs and families abroad. travel restrictions into israel are also expected to ease. this man says thank god for the first time we have victory and we make the rules. but the israelis are also claiming victory. following the deadly eight day conflict with hamas. hamas promised it would stop firing rockets into israel, saving israel from having to launch a ground war. one israeli commander warns, though, his troops will be ready if needed
that they will continue to play that role. the bigger problem is that this occupation is not egypt's fault. it is israel's fault. and it's unreasonable to expect egypt or turkey or any other country to put pressure on palestinians. what should be done instead is quite the opposite. the united states is the largest funder of israel. the united states gives $3 billion a year in u.s. taxpayer money to israel in addition to weapons, in addition to political support. if we're going to be serious about moving forward, the role has to come from the united states, pressure from the united states. it's not enough to demand that it come from egypt. >> diana buttu, many thanks for your time. we appreciate it. >> my pleasure. >>> back in the u.s., get ou of the way because black friday is here. people spend long hours in line to score major deals this morning. >> it's affordable right now even if you have to be out here for two days to get it. >> it saves a lot of money like a few hundred dollars. >> cnbc's courtney reagan is in dayton, ohio. how is it going so far out there? >> reporter: you know, so far it looks
for the overall health of the economy. but first, mass protests are erupting in egypt after a sudden power grab. in cairo's tahrir square, thousands are chanting for regime change. they say egypt's new president is acting like a dictator. president mohamed morsi granted himself sweeping new powers yesterday, basically morsi now has absolute power for six months. his opponents say he's acting like a new pharaoh. the u.s. state department is calling for calm and encouraging all parties to work together. morsi declared all his laws, all his decrees are final and cannot be overturned or appealed until egypt's new constitution is put in place. just days ago, people around the world were praising morsi for his pivotal role in negotiating the israel/hamas cease-fire. today, protesters set fire to a symbol of morsi's power, the muslim brotherhood headquarters in alexandria, egypt. morsi supporters clashed with protesters there. morsi is defending his new powers, saying he's not taking sides and the steps he took are meant to achieve political and social stability. reza sayah joins us live in cairo. rez
. these were things that were going to be discussed. as long as the cease-fire held, egypt being the keeper of the cease-fire, and a senior israeli diplomat told me that they were very glad to see that egypt was filling that role again, mubarak's regime filled the role when he was in power, and they were worried that president morsi was not going to be able to do that because he's more aligned with hamas because he's aligned with the muslim brotherhood. so they're quite happy to see that at least egypt is sort of there, supposed to be the keeper of the peace for the time being. but it is worrying that we're seeing an incident so quickly after the cease-fire was put in place. and a lot of concerns that if this sort of thing starts happening again, there's always incidents along that israel/gaza border that the cease-fire will mean nothing in the next few days. >> sara sidner live for us in jerusalem. as always, thank you. >> i want to bring in stuart holliday the former u.s. ambassador for special political affairs to the united nations. he's currently the president and ceo of the meridian i
constitution for egypt cannot be disbanded. there's a lot of these represent is of the factions that we described to you that have quit this panel in protest saying they're not being represented adequately. with this particular decree, mr. morsi says this particular panel is going to move forward. again, his critics are saying it's a power grab. it's his way to push forth a panel right now that's dominated by islamic representatives. >> so interesting the steps you're laying out here. another one of the first things that the president is going to do is apparently call for a retrial of the former president hosni mubarak. why did he make this move? what kinds of politics are at play here? >> well, his position is he wants to clean all the remnants of the old regime. including the former prosecutor that he sacked last night with one of his decree. the prosecutor that's been in place for ten years. in this decree he says that all senior police officials, all politicians that were accused of injuring, cracking down on protesters, killing protesters during the 2011 revolution will be put on t
is ticking. thanks so much. >> violent protests in egypt over president morsi grabbing for more power. is it going do be more of your tax dollars? >> violent protests erupting in egypt after president morsi grants himself new powers, with some burning his office, and the former c.i.a. operative is not buying what the president morsi is saying. wayne, thanks for joining us. what does this mean? is this, is he turning himself into a dictator overnight? violence is not just in gazas now, it is erupt elsewhere. how dangerous is this making the region? >>guest: that makes the region as dangerous as it already was, more dangerous. what we have is exactly what i said many times in the past, and my military colleagues knew once the muslim brotherhood had seized control and that is what they have done, threw president morsi, this was a no-brainer. he has virtually stolen thought only constitution, he has run out the parliament, he has lone out -- which they do not have now -- and egyptians are saying, everything was going to be great, wonderful, and president morsi came in and took over and no
and secretary secretary clinton who praised him for becoming part of the deal. not everyone in egypt is happy with president morsi. including him grack the power and putting himself above the judiciary among other things is protest in egypt about that not only for the muslim brotherhood but also against him and the muslim brotherhood of the party and now president morsi came out against the treaties with israel and hamas and saying that they need tod continue the islamic jihad movement in order to liberate all occupied territors of israel. things are remarkably calm 41 hours in the cease fire agreement. not one rocket in the past 24 hours and no attacks by the israelies. and the other thing indicating that things are moving forward and the israelies are viewing it tanks are packing exup moving north. they had moved the military down south against the gaza border to threaten a ground invasion ask that's why hamas many people say relented. there was no ground invasion an in israel things are returning to normal and reserve troops and most are part of the reserve. they are now returning to work
asking you about what's going on in egypt right now where muhammad morsi must feel pretty emboldened after playing such a crucial role in helping to broker a ceasefire between's reel and hamas. -- between israel and hamas. he is now sort of changing the law of the land, a power grab. how's this going to work out? is. >> well, i think he's revealed his true stripes. this is not democracy in action, this is a classic effort at one person, one vote, one time. he's, obviously, met resistance. let's hope it's successful. but i think it's just highly ironic that after dozens of commentators left and right in this country hailed muhammad morsi for his responsible conduct with respect to gaza and how he wasn't acting like an an extremist from the muslim brotherhood got what he, got what he needed from the ceasefire agreement and immediately began acting like an extremist from the muslim brotherhood. that should be what we focus on going forward. and for anybody who thinks the ceasefire in gaza is durable, all they had to do was read these headlines about what morsi did in egypt the day after
-fire agreement, it's really up to egypt to keep the peace between israel and hamas. but tonight, the egyptian president is under fire in his own country after what his opponents call a big power grab. steve harrigan has more from cairo. >> yeg, some dramatic developments here in cairo. egypt's president trying to expand his own powers dramatically, saying that any of his presidential decrees issued since he took office six months ago cannot be overturned by anybody, including the courts. and that those previous officials who could be implicated in murdering demonstrators during the revolution a year ago would be retried. as one morsey opponent put it, he is basically putting himself above the having no one to check his powers. we have seen street protests. those protests could grow dramatically with these new announcements by the egyptian president. it comes on the heels of a real diplomatic success in the world spotlight here. president morsey helping to negotiate a cease-fire between israel and hamas. really, making the unusual step of receiving praise from all sides from u.s. officials fro
. with smuggling tunnels and egypt reopening, the are close to the blockade, hard to a imagine them doing much for what they call a vital security measure. they have a breathing space, turning it to something better than that. the sad fact is that the conditions have turned attention to violence and are still there. they had a peaceful day at last, a chance to relax. but it won't stay like that until they can settle a century of conflict. >> in the other news, the former french president has been questioned for 12 hours about allegations that he received illegal donations at the 2007 presidential campaign. sarkozy is a material witness, meaning he is a suspect but not formally charged. the japanese firms sony and panasonic have had their credit rating downgraded by the international ratings agency. the agency believes there is a significant chance the company could default on their debt repayment. the heads of the army have been suspended as a result of selling weapons to rebel groups. on tuesday, the government says that the place the rebels claimed they to of is now back. the international c
's strategic interest, is also important to egypt. they have a very difficult time in economic terms, and let's not forget that the revolution there was indigenous, it was local and it was, in large part, over domestic issues, jobs, education, health care, what concerns people everywhere. he needs a stable situation there. he needs to concentrate on economic growth, providing jobs. he obviously has to recognize and acknowledge public opinion, which is an important factor there as here. but, for now, i think it's a positive step. what he's done with respect to the ceasefire. >> you saw a reporter in gaza who talked about the many celebrations throughout the day on thursday there. has hamas emerged stronger from this last eight days of the conflict? there are those who suggest that's the case? >> clearly, yes. and a dangerous signal is being sent throughout the entire region. palestinians are split. the palestinian authority, which controls the executive branch of government as a result of their election several years ago, is opposed to violence. they took the position we favor, nonviolent nego
tuesday. >>> the power play in egypt, the emergency decree just declared. >>> plus it was swept out to sea by superstorm sandy, why officials say they want to leave it there. . the biggest in bail. no one has lower prices, is faster or more professional. aladdin bail bonds. bigger because we're better. you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. [ man ] it's big. supports in times of need. same with aladdin. the biggest in bail. no one has lower prices, is faster or more professional. aladdin bail bonds. bigger because we're better. >>> dough doing well, up 108 points, it's only going to be open for another couple of hours because of black friday, but it looks like holiday shopping off to a great start and that is making traders happy. >>> we have breaking news from palo alto. we've been telling you about this. a chp patrol car flipped over after a crash on northbound 101. these
, not a phenomenon. the era of egypt and the region has changed, and america has now beginning to learn a new and listen to a new language. >> so is he right? is there a new era dawning in the middle east? and what does it mean for the u.s.? >> well, there's clearly a new era dawning in the middle east. and we're still trying to figure out what the new order is going to look like, as are many people on the ground. but both sides to a certain degree can claim a degree of victory here. hamas survived and it can never win militarily. but it can -- it -- its survival means that it won to a certain extent. that's the model created in the war between israel and hezbollah in neighboring lebanon. but israel also made significant gains out of this. it proved that its iron dome missile defense system could protect vast areas and could shoot down the majority of hamas rockets. and one of the things it's going to get out of this from the united states is additional help in providing more missiles for iron dome so that it has even a greater range of protection. so the dynamics are changing a little bit on
through the drafting of egypt's all new constitution. one of the decrees says that no one, not even the judiciary can overturn and appeal any of mr. morsi's declarations, decisions since he took office in june. this order seems to be put in place until a parliament is in place. several months from now. technically this is a man who can do whatever he wants for the next few months without any oversight. that's one of the decrees, fredricka, that people here are outraged about. they're describe this as a power grab by mr. morsi. does it seem that most people understand that and does it make a difference at all? >> reporter: no. they reject that position by mr. morsi, and that explains the outrage. dramatic scenes in tahrirr square, including alexandria and port sayid. these are reminiscent of what we saw last year. it was then aimed at then president hosni mubarak. today the fury is aimed at mr. morsy. >> they were throwing rocks and monthly taf cocktails. the security forces shooting tear gases in the air. very similar scenes to last year. a similar slogan as well, fred. last year we
of the cease fire on wednesday. they say they will complain to egypt. they will not take any further action. they are citing this as an example of how israel is not to be trusted to uphold the truth. >> that is one side. i'm going to bring you in, martin. what is the israeli military saying about the situation? >> reporter: well, the prime minister's office is saying they're examining what happened. the military says that there was about 300 palestinians approached the fence and that they we they were shouting slogans. one was shot. there were several locations along the length of the fence. they haven't said -- israelis have not yet said officially what they believe happened. they said they're investigating. the issue, of course, is that that no go area which was declared a no go area by israel several years ago specifically because there were so many incidents like this, they wanted to prevent be occasions where the palestinians approached the fence where terrorists were laying land mines along the fence, also shooting israeli's across the border. they were trying keep the 300 yard no go
of the middle east sent those prices a little bit higher. we're talking about specifically violence in egypt. after a decree by egyptian president mohamed morsi that put his decisions above legal challenge. protesters accusing him of a coup. all eyes of course on egypt, as well as israel and gaza where the cease-fire is still in place. oil prices also saw additional port on the news out of europe, optimism over greece today. west texas intermediate closing above $88 a barrel, up 1% in this short rned session. brent risie ining as well but slightly less than that. >>> nonetheless, energy prices apparently are about to get lower. our next guest is talking 70s on crude for next year. john, why are you so bearish on oil for next year? >> a couple of things. global economy doesn't look all that great for next year particularly in europe. they have a lot to get together, the greece situation. we're also now -- >> it's going to get worse than it is this year. >> yeah. iea, opec itself all looking for demand declines next year in terms of growth. also, two things that bedevilled the brent market thi
involving egypt, the united states and the u.n. business owners at a gaza market dusted off their shops in preparation for reopening. >> translator: the cease-fire will bring life back to normal and i thank god. >> translator: i don't have faith in israel. it could ignore the cease-fire. >> israeli military spokespersons say several rockets from gaza landed on their side of the border immediately after the truce took effect, but they say no more have come since then. some smaller palestinian militant groups didn't agree to the cease-fire, so they could theoretically continue sporadic attacks from gaza. hamas and israel promised in the cease-fire agreement to end all hostilities, including rocket attacks in the targeting of individuals. israeli ficials pledged to open border crossings and allow the free movement of people and goods. the conflict between israeli troops and hamas fighters began wednesday of last week. days of air strikes and rocket fire killed more than 160 palestinians and 5 israelis. >>> south koreans will soon >>> the u.s. ambassador is used to defending her foreign pol
the palestinians. with egypt as mediator, both sides are trying to negotiate a more permanent agreement. israel wants to end weapons smuggling at the gaza. hamas wants to end a five-year border blockade. >>> thanksgiving warning turned into a nightmare for hundreds of people caught up in a major pileup in texas. more than 140 cars and trucks lay twisted and broken. the huge crash happened as holiday travelers tried to navigate through dense fog. drivers could do little to get out of the way. >> i just grabbed my kids, pulled them out of the car and ran. that's all i could do. >> at least two people died and more than 80 were hurt, several critically. and rescue crews credit many drivers for helping each others while first responders were overwhelmed. >>> police in berkeley are hoping you can help smoke out a cigarette thief. he's suspected of burglarizing businesses in neighboring cities also. investigators say he smashes windows to get inside, gets what he's after, then leaves in a big hurry. >>> other bay area headlines. parts of ocean beach in san francisco remain closed as crews clean up a
: they promise to stop firing rockets, and israel says they will end air strikes in egypt on the border restrictions that have crippled their economy. it underscores the group's new deterrent power. saying i want to say to the palestinian people at the west bank and everywhere that the option of invading them on this victory is gone and they will never return. but the israeli army chief of staff issued a warning. >> gaza would stay quiet if nothing comes out of it. and gaza, they would be a quiet place. if the organization would reoperate from gaza, then the future is more than what it is. >> reporter: america is poised to help both sides. the obama administration says they will ask congress to increase funding for israel's defense system that helped intercept 80% of the rockets. and the american tax dollars provided assistance to the united organizations supporting the palestinians. both sides are trying to negotiate a more permanent agreement. israel, they want to end the weapon smuggling at gaza. hamas wants to end the border brigade. >>> troops in afghanistan treated on a feast. inc
't jeopardize the cease fire. >>> a mass protest is being held in cairo, egypt right now. it's all in response to a controversial political power play by president mohammed morsi. he has issued a decree that pars the court system from overruling its decisions. morsi's critics are outraged. >>> as we just told you holiday shopping is in full swing but in sacramento there were some very tense moments for shoppers. as you can see those cameras were rolling when one k-mart shopper threatened to stab others were they shoving to get into the store. >>> businesses are experiencing a rush in shores today making it a prime time for criminals to slip counterfeit bills at the register. the long lines and slammed clerks -- ticket authorities slim a counterfeit bill into their stack of cash and employees hardly notice with the surrounding chaos. they say if the bill feels different it is probably fake. >>> a lot of people are looking for a deal this black friday but there is one that just may be too good to be true. the better business bureau is warning about text messages that offer up to $1,000 gift card
and protesters clashed in cairo's tahrir square and elsewhere in egypt today, sparked when president mohamed
to go to -- you got to russia, libya. twenty-three countries. egypt and honduras and the philippines. the leaders of these countries must get that they are doing something wrong. >> they did it easier than in north america. the people who brought in the rule of law and property rights into the united states, the 18th and 19th century, you can't remember that. in the case of these guys, they see that they are poor relative to your wealth. it's easy for them to sycamore is the difference? they are constantly looking so they can recognize much faster. we did not realize the fact it you can determine that a piece of land went from there to year, you can also do it with a movie script. you can alo do it with an idea, an invention. and certainly. all of a sudden we started seeing that people just the paper. on top of that, you build a stock market and all that leverage. get you into some kind of trouble, but without which you would not have gotten where you are today. john: property rights give us the power to prosper. thank you. we will be right back. ♪ john: all over america there are
to breaking news out of cairo, egypt. protesters are outraged at egyptian president mohamed morsi's power grab. thousands have gathered calling it the birth of a new pharaoh. attacking the headquarters of morsi's political party in alexandria and set it on fire according to egyptian tv. reza sayah joins us on the phone from tarir square. set the scene for us. reza, are you there? >> reporter: hello? >> reza, can you hear me? >> reporter: carol, i apologize. it is very loud here. i'm going to have a terribly difficult time hearing you. we are at tahrir square where thousands of people have come to protest against egyptian president mohamed morsi and there appears to be clashes between security forces and protest protesters in tahrir square. we just saw hundreds of people run i running away from security forces. we can report that tear gas has been shot in the air, we're assuming by security forces. it's remarkable here, carol, we're hear iing what we heard t years ago during revolution that toppled president mubarak, that people want to topple the regime. you're hearing it again, the anger and
, will a ceasefire become a peace? "it could," he said, "but first we need to give thanks to president morsi of egypt." across gaza, he's something of a new hero, and they're even impressed in israel. the egyptian president right now the best hope for peacekeeping here. >> egypt was able to regain it's regional role as a regional player, mediating between the israelis and the palestinians in convincing both of them to reach a ceasefire agreement. in the city, the flags, the rallies, talking up victory. in the countryside, the hamas song is, we're going to bomb tel aviv. but away from politics, what about people, lives disrupted by all this? yesterday we filmed awad and his mum sabbah taking shelter in a school in gaza city. frightened, disorientated, a severely disabled boy caught up in all this. today, diplomacy had delivered. sabbah was at home with the family in atatrah. >> it's good that we're okay. i'm very happy i can't believe it, i'm shivering. that face, sabbah said, means he's feeling happy and safe, and with an arm's round from brother mahmoud, and no sound of an explosion. >> sreenivasan:
to being brought in to be used against them. >> glor: charlie d'agata in gaza city, thank you. egypt's president who helped broker the cease-fire amended his country's constitution today to give himself more power. mohamed morsi decreed that all his decisions are final and not subject to appeal or review. he also ordered the retrial of former president hosni mubarak for the killing of protesters during the revolution. some egyptians protested morsi's action today, accusing him and the muslim brotherhood of seizing too much power. president obama spent the holiday at the white house. he phoned 10 american service men and women in afghanistan to thank them for their sacrifice. at a u.s. base in kabul, troops feasted on 200 turkeys and the trimmings. about 66,000 americans are still deployed in afghanistan. most are expected home by the end of 2014. as we reported here last night, america's ambassador to the united nations, susan rice, has broken her silence about the controversial remarks she made back in september about the attack on the u.s. consulate in benghazi, libya. ambassador c
on the street were killed. rebels captured a kill military base on the boardedder with iraq. >>> in egypt, the president gave himself more power today and barred decisions from the judiciary. he negotiated a ceasefire between israel and hamas, his move is expected to increase protests for those that see him becoming more like a dictator. >>> there was a thanksgiving spread for the servicemen and women in afghanistan in a base in kabal, not home cooking but pretty good and plenty of food and today there was also no limit on how many servings. one soldier from sallorenzo says there is a big misconception about the military presence in afghanistan. >> the nationals do care about us and they do want us here to help them. it is not just -- we are not here uninvited. >>> after dinner, some service member worked off the extra calories and played a game that is a hybrid with football and soccer along with rugby as well. >>> being eliminated sucks. >>> how san francisco's own x factor says he was able to stay true to himself but walk away a winner. >>> and temperatures are on the rise. which areas
of hamas for wednesday's bus bombing in tel aviv that injured 27 people. >>> egypt's president has made a bold political move, fresh off his key role in negotiates that cease-fire. mohamed morsi has granted himself broad-new hours. courts cannot challenge his positions. it sets the stage for the retrial of former president hosni mubarak. >>> back here at home, a terrifying thanksgiving for a new hampshire couple. after curiosity got the best of their 2-year-old son. little cayden ledger opened a laundry chute on the second floor of his family's home. and he slid all the way down to the basement and got stuck inside the wall. his frantic parents could hear him screaming but couldn't find him. >> there was a ton of us running around, like -- and my sister was, like, oh, my god, he's in the wall. how did he get in the wall? he had just opened the door and gone through the chute. >> cayden's dad actually fractured his own wrist punching a hole in the wall just to hold his son's hand until the firefighters got there. they managed to get him out with just a few bumps and bruises. lucky little
and egypt are open again. palestinians forced to remain in gaza when the fighting broke out can return to jobs and families abroad. travel restrictions into israel are also expected to ease. [ non-english language ] >> reporter: this man says, thank god for the first time we have victory and we make the rules. but the israelis are also claiming victory following the deadly eight-day conflict with hamas. hamas promised it would stop firing rockets into israel saving israel from having to launch a ground war. one israeli commander warns, though, his troops will be ready if needed. >> gaza will be a quiet place. if the terror organizations will reoperate from gaza, the future is war. >> reporter: president obama stood by israel during the fighting and still does. his administration is now planning to ask congress to increase funding for israel's missile defense system. the iron dome system intercepted more than 80% of the hamas rockets. israel has a man in custody suspected of planting a bomb on a tel aviv bus that wounded 15. a police spokesman says the israeli arab is a member of hamas.
on this friday, november 23, 2012. we begin overseas. the cease-fire between hamas and israel has held. in egypt, president mohamed morsi showed his authority yesterday. a startling port grab, freeing himself from traditional oversight. president obama followed through on an annual tradition of calling 10 service members to personally thank them for their service. the washington times and the new york times reporting there are now more state capitols dominated by a single party that than at any time since 1952. the washington times question, is this the answer, secure for gridlock? we'll get your answers. send us a tweet or post your comments on facebook. also, you can e-mail us. we will begin with the front page of the washington times for our question for all new this morning, there headline -- do you think this could be a cure for gridlock? the new york times also has this headline this morning -- we want to hear from you this morning. let me give you the phone numbers again. how did you vote in the last election? did you vote with the intention of one-party rule in your state legislature? wh
into their suv. more than 100 people were injured. >>> in the middle east this morning, egypt is holding talks with israel and hamas, hoping to extend their fragile cease-fire. hamas wants border restrictions on gaza lifted. >>> meantime, the new president of egypt is coming under scrutiny. mohamed morsi just granted himself sweeping, new powers, declaring the courts will no longer be allowed to overturn his decisions. opponents fete fires across the country in protest. >>> spectacular images out of russia now, showing a giant fireball moscow. it took 12 hours to put this thing out. amazi amazingly, no injuries reported. >>> back here at home, the post office, in desperate need of cash, is testing out a new service. same-day package delivery. it's being aimed at online shoppers who want or need the instant gratification of a store purchase and are willing to play a flat fee of about 10 bucks. the postal service says it's going to test this idea next month in san francisco. >>> and finally, as you eye the bargains during this holiday season, somebody may be eyeing you. some stores are now using
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